Company News

22 hours ago | May 3, 2024

General Beltings records marginal volumes decline

Enacy Mapakame Conveyor belts supplier, General Beltings (GB) Holding Limited total volumes for the year to December 31, ...

Zimplats retrenches 1,6pc of workers

Nelson Gahadza Zimplats says in light of the softer global metal pricing environment, the group implemented various cash ...

Zimplow recovery in 2024 a big possibility

Business Writer In the financial year ending December 31, 2023, Zimplow recorded a 28 percent reduction in revenue from ...

FCB projects 25pc income growth this year

Enacy Mapakame Listed financial services group, First Capital Bank (FCB), is expected to yield a net income of US$13,36 ...

2 days ago | May 2, 2024

Econet eliminates remittance fees for Zimbabweans in UK and SA

Business Writer Zimbabwe’s largest telecommunications company, Econet Wireless, partnered with Sasai Money ...

5 days ago | April 29, 2024

NMB’s diversification programmes pay dividends

Business Writer Banking group, NMB Holdings, is expected to cash in from its diversification efforts which will help ...

1 week ago | April 26, 2024

Air Zimbabwe start accepting ZiG

Air Zimbabwe said on Friday it is now accepting payment in Zimbabwe Gold (ZiG), boosting confidence in the new currency. ...

CBZ launches remittances app, ZIKICash

Business Writer CBZ Holdings (CBZ) has introduced a new remittance mobile and internet application between the United ...

Econet/Ecocash scheme of arrangement taking shape

Nelson Gahadza The scheme of reconstruction between Econet and EcoCash Holdings is taking shape following approval by ...

Premier seeks to raise working capital for Zulu Lithium

Business Writer Premier African Minerals issued additional shares to raise approximately £1 million to support its Zulu ...

FCB moves to expand footprint in local market

Michael Tome FIRST Capital Bank (FCB) says it is formulating several mechanisms to enhance the quality of service and ...

WestProp Holdings records stellar performance

Enacy Mapakame Listed property firm, WestPop Holdings Limited, reported a solid performance for the financial year 2023, ...

1 week ago | April 24, 2024

Stanbic opens additional remote branch for tobacco players

Business Writer Stanbic has opened three additional remote branches in Harare and Karoi as it plays a pivotal role in ...

Nyakudya leaves Zimplow Holdings Limited

Business Writer Agriculture and mining implements supplier, Zimplow Holdings Limited, has announced changes to its ...

2 weeks ago | April 23, 2024

Ecocash Holdings shareholders approve restructuring deal

Business Writer EcoCash Holdings shareholders have approved a plan for some of the company’s units to rejoin ...

2 weeks ago | April 22, 2024

Masimba receives adverse opinion from external auditor

Business Writer Construction firm, Masimba Holdings, has received an adverse opinion from its external auditor, Grant ...

2 weeks ago | April 19, 2024

Stanbic embarks on financial fitness workshops for SMEs

Business Writer One of Zimbabwe’s leading financial service providers, Stanbic Bank, has established a financial fitness ...

Innbucks takes market by storm, to introduce more products

Michael Tome INNBUCKS Microbank Limited has hinted at introducing a pack of innovations including nano loans and ...

3 weeks ago | April 16, 2024

National Foods initiative fights youth unemployment with ...

Business Writer NATIONAL Foods Limited has announced a US$30,000 investment in a new egg layer production programme in ...

3 weeks ago | April 12, 2024

Axia pushes growth through diversified distribution channels

Enacy Mapakame Specialty retail and distribution group, Axia Corporation Limited (Axia), is countering El Nino’s ...